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dimaraw [331]
3 years ago
11

Fixed costs may be relevant in a decision. A. True B. False

Business
1 answer:
zhuklara [117]3 years ago
5 0

Answer:

A. True

Explanation:

Fixed costs can be defined as predetermined expenses in a business that remain constant for a specific period of time regardless of the quantity of production or level of outputs. Some examples of fixed costs in business are loan payments, employee salary, depreciation, rent, insurance, lease, utilities etc.

Fixed costs may be relevant in a decision because it affects the amount of future cash-flow of a business entity.

For instance, the high fixed costs are usually a determinant for pricing a product that aren't produced in mass because to break even, businesses would need to rake in more revenues to meet the the increasing (high) fixed costs.

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6. Assume your employer provides health care insurance and deducts your portion of the premiums from your paycheck with pre-tax
umka21 [38]
No They aren't federally tax deductible :)
6 0
3 years ago
First National Bank charges 13.6 percent compounded monthly on its business loans. First United Bank charges 13.9 percent compou
melomori [17]

Answer:

First National EAR 14.48%

First United EAR 14.38%

Explanation:

Calculation to determine Calculate the EAR for First National Bank and First United Bank.

Using this formula

EAR = [1 + (APR / m)]m − 1

Let plug in the formula

First National EAR = [1 + (.136 / 12)]12 − 1

First National EAR= .1448*100

First National EAR=14.48%

First United EAR = [1 + (.139 / 2)]2 − 1

First United EAR = .1438*100

First United EAR = 14.38%

Therefore the EAR for First National Bank and First United Bank will be :

First National EAR 14.48%

First United EAR 14.38%

8 0
3 years ago
Prosocially motivated behavior is driven by the fear of punishment. is performed for social recognition and respect. attempts to
Studentka2010 [4]

Answer:

Option D. It is the behavior that seeks to improve the well-being of other people.

Explanation:

The reason is that prosocial behavior are motivated by altruism, which is a behavior of a person to benefit others and this may be at the cost of oneself. So their is no mean in this charity work and is purely an act of humanity. This prosocially motivated behavior is the purest form of altruism hence the only correct option here is option D.

8 0
3 years ago
Which african-american artist created the fiber work tar beach as an autobiographical work about her own experiences growing up
Nookie1986 [14]
Faith Ringgold was an <span>African-american artist created the fiber work tar beach as an autobiographical work about her own experiences growing up in New York.
</span>Faith Ringgold is an artist and she was best known for her narrative quilts, Tar beach is one of her most famous story quilts. She <span>was born in New York City in 1930. and when she was working in public schools as an art teacher she began a series of paintings which was called as </span><span>American People.</span><span />
6 0
2 years ago
Suppose that a financial crisis decreases investment spending by $100 billion and the marginal propensity to consume is 0.80. As
erastovalidia [21]

As a result of the decrease in investment spending, the real GDP will change by -$500 billion.

<h3>How much will real GDP change by?</h3>

The decrease will depend on the multiplier which is found as:

= 1 / ( 1 - Marginal propensity to consume)

= 1 / (1 - 0.8)

= 1 / 0.2

= 5

The change will be:

= Decrease in spending x multiplier

= - 100 x 5

= -$500 billion

In conclusion, real GDP will decrease by $500 billion.

Find out more on Marginal propensity to consume at brainly.com/question/17930875.

6 0
2 years ago
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